Well, I'm watching the pilot to the new show "Suits" and I come across the following pricelessness:****Gabriel Macht's Harvey Specter: I'm going to show you what a Harvard attorney can do. The fact is that we've now got a television show that in one scene mentions stock options, backdating, 409A and SOX - while at the same time maybe indeed even accurately reflecting just "what a Harvard attorney can do." Fun. Harvey: Although backdating options is legal, violations arise related to disclosures under I. Harvey: OK, look, this is all pretty fascinating stuff, but I'm afraid I gotta get back to work. So what if we throw in a nearly incomprehensible SOX reference?According to an affidavit obtained from Audrey Russell, the front side of the loan applications was only partially completed when they reached her desk.Russell stated that either she or Anita Weldon (who is now deceased) would often change the date on the front side of the loan application to correspond with the date San Angelo's Board of Directors approved the loan.
Finding that the district court did not abuse its discretion in denying the defendants' motion for a new trial, we affirm. “Mickey” Sallee to a series of real and “straw” investors.First, the district court concluded that because the defendants had access to the original loan applications prior to trial, they could have sought out the “backdater.” Second, the district court held that the defendants did not exercise due diligence because Ms. Nothing in our cases, common sense, or logic supports their contention.3. Jaramillo, 42 F.3d 920, 925 (5th Cir.) (finding lack of due diligence where defendant knew videotape would be introduced at trial, yet did nothing to counteract potentially damaging information on the tape), cert.